Economics

Powell's Patience Fails to Calm Trump Despite Stock Surge

  • Already-tricky soft landing gets harder with White House jabs
  • Kudlow, Moore call for rate cuts as Fed officials weigh data
Fed's Kaplan Sees U.S. Growth Slowing 1.75% to 2%
Lock
This article is for subscribers only.

Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Sign up here.

Federal Reserve Chairman Jerome Powell has a mounting distraction as he tries to engineer a rare soft landing of the economy and extend a nearly record-long U.S. expansion: The man who installed him in the job wants no landing at all.